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CW Asset Finance | Vehicle & Equipment Finance Yorkshire

Rural and agricultural finance

Slurry store finance

Funding for slurry storage, from bolted steel ring tanks and covers through to the mixers, pumps and separators that make a store workable.

Whole-of-market — 60+ lenders searched, including

BarclaysAldermoreParagonAllica BankPraetura Asset FinanceSimply Asset FinanceOxburyBraemar FinanceBibby Financial ServicesBPCE Equipment SolutionsCatfoss FinanceDavenham Asset FinanceFleximizeiwocaKingsway Asset FinanceLombardMetro BankBNP ParibasBarclaysAldermoreParagonAllica BankPraetura Asset FinanceSimply Asset FinanceOxburyBraemar FinanceBibby Financial ServicesBPCE Equipment SolutionsCatfoss FinanceDavenham Asset FinanceFleximizeiwocaKingsway Asset FinanceLombardMetro BankBNP Paribas

Can you finance a slurry store?

Yes for a bolted tank, much less so for a lagoon. A steel ring tank is assembled from panels on a prepared base, which means it can be dismantled and re-erected, so funders can treat it as equipment and lend against it in the normal way. An earth-banked lagoon is excavation: it is part of the land, nothing can be recovered, and it needs borrowing secured on the farm instead. Mixers, pumps, separators and covers fund cleanly either way. Check any grant conditions before signing, because some schemes require outright ownership at the point of claim.

Used kit: Yes for bolted steel tanks and equipment; lagoons have no second-hand market at all

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What would a slurry store cost per month?

Business asset finance is quoted on a flat rate, so that is what this shows — with the equivalent APR underneath, because the two are not the same number. A quick guide only; your actual rate depends on the asset, term, deposit and lender.

Indicative flat rate
Approx. monthly£—
Get my exact rate
Total repayable£—
Cost of finance£—
Equivalent APR—%

Representative example: on Hire Purchase, borrowing £25,000 over 48 months at a 6.0% flat rate (equivalent to 11.5% APR representative), you would repay around £646 a month; total amount repayable approximately £31,000, of which £6,000 is the cost of finance. This calculator is for illustration only — it is not a quote or an offer of finance, and the rate and repayments you are offered will depend on the asset, term, deposit and your circumstances. CW Asset Finance is a credit broker, not a lender, and may receive a commission from the lender that funds your agreement. All finance is subject to status, affordability and lender approval. CW Asset Finance is an Appointed Representative of Rural Finance Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 630701).

How lenders treat it

Slurry storage divides sharply. A bolted steel tank is one of the better fixture-adjacent assets in farming: it is demountable, there is a secondhand trade in tanks, and a funder has a visible route to value, so hire purchase works. A lagoon or an in-ground store has none of that and leans entirely on the farm and on land ownership, which makes it hard for a tenant on a short agreement. The ancillary equipment, mixers, pumps, separators and covers, is proper machinery and funds easily. Underwriters will also want to see that the design meets the construction standards for slurry storage and that any notification has been made, since a store that fails an inspection is a liability rather than an asset.

Makes and models we fund

Examples of the machines we are asked to fund. This is not an exhaustive list — if what you are buying is not here, it does not mean we cannot fund it. Your supplier quote is what the agreement is written against.

MachineWhat it is
Balmoral Tanks slurry storesSteel above ground slurry tanks
Permastore glass-fused steel tanksBolted glass-fused storage tanks
Bauer steel slurry tanksCircular above ground slurry storage
Genap lagoon liners and coversLined lagoons with floating covers
Storth slurry mixersPropeller mixers for tanks and lagoons
Storth transfer pumpsPumps for moving slurry to store
Bauer submersible mixersElectric mixers for continuous agitation
Bauer slurry separatorsScrew press separation of solids and liquid
Doda slurry pumpsChopper pumps for thick slurry
Joskin transfer pipeworkPipe runs and valves for store filling

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Who buys one

Dairy and beef units required to increase storage capacity to cover closed periods, farms that have expanded cow numbers without expanding the store, and units replacing a store that is leaking or no longer safe to mix. The trigger is usually a regulatory requirement on storage months, a pollution incident or near miss, or an expansion that has made the existing capacity unworkable.

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We publish the deals we arrange, with no client named and no rate quoted. See what we have funded in agriculture.

How it is treated for tax

Bought on hire purchase, business plant and machinery normally qualifies for capital allowances on the full cost even though you pay for it monthly, which is a large part of why hire purchase is the common structure. On a finance lease you generally set the rentals against profit instead. The rules change between budgets and your position depends on how you trade, so treat this as the direction of travel and get your accountant to confirm the detail before you commit.

Slurry store finance questions

Why is a steel tank easier to fund than a lagoon?

Because it comes apart. A bolted ring tank is assembled from panels on a base and can be dismantled and re-erected elsewhere, which gives a funder a recovery route. An excavated lagoon is simply a hole in the ground with a liner, and there is nothing in it to take back.

Will a grant stop me using hire purchase?

It might, so check first. Several agricultural grant schemes require the item to be owned outright when the claim is submitted, and hire purchase does not meet that test. Where that applies, finance may still fit the parts of the project outside the grant, but never sign before confirming.

Can a separator be included?

Yes, and separators are increasingly part of the same investment because separating solids reduces the volume that has to be stored. It is straightforward equipment with an identifiable resale value, so it funds easily, either with the tank or on its own later.

Does the store need to meet a construction standard?

Yes. Slurry storage is regulated on how it is built and there are notification requirements before construction or substantial alteration. Funders expect this to be handled and will not want to release money against a store that has not been designed to the required standard.

Can a cover be funded on an existing store?

Yes. Covers are a defined, removable item with a clear purpose in reducing the rainfall going into the store, so they are a comfortable standalone deal where the value is sufficient. Buying a cover alongside a mixer or pump makes a more attractive package if it is marginal.

Get a quoteor call 07581 364281

Also in rural and agricultural finance

See everything we fund in rural and agricultural finance →

Not an offer of finance. All finance is subject to status, affordability and lender approval.

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Tell us what you’re looking to fund and Conor will come back to you personally — usually the same day.

Prefer to talk? Call 07581 364281 · serving Leeds, York, Harrogate, Wakefield, Selby, Tadcaster & across North & West Yorkshire.